date:Sep 18, 2012
Dairy in India
India is the world's largest producer of milk, at 17% of the global total. The country is estimated to have produced 116 million tonnes of milk in 2011, according to the Indian Dairy Association (IDA). Further, consumption of milk is expected to rise to 150 million tonnes in the next 5 years.
An RNCOS research report titled, 'Indian Dairy Industry Analysis' expects that the milk production in India will grow at a compounded annual growth rate (CAGR) of about 4 per cent during 20